Leavell Investment Management Inc. Sells 10,864 Shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF $PALC

Leavell Investment Management Inc. cut its position in shares of Pacer Lunt Large Cap Multi-Factor Alternator ETF (NYSEARCA:PALC) by 52.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,763 shares of the company’s stock after selling 10,864 shares during the quarter. Leavell Investment Management Inc. owned 0.18% of Pacer Lunt Large Cap Multi-Factor Alternator ETF worth $505,000 as of its most recent SEC filing.

Separately, Flow Traders U.S. LLC acquired a new position in Pacer Lunt Large Cap Multi-Factor Alternator ETF during the 2nd quarter worth approximately $771,000.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Stock Down 0.7%

Shares of PALC opened at $54.40 on Tuesday. Pacer Lunt Large Cap Multi-Factor Alternator ETF has a twelve month low of $42.72 and a twelve month high of $54.90. The stock has a market capitalization of $244.80 million, a P/E ratio of -38.52 and a beta of 0.96. The company has a 50 day moving average of $52.38 and a 200-day moving average of $51.38.

Pacer Lunt Large Cap Multi-Factor Alternator ETF Profile

The Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) is an exchange-traded fund that mostly invests in large cap equity. The fund invests in US large cap equities that allocates to multi-factor sub-indices based on relative strength. PALC was launched on Jun 24, 2020 and is managed by Pacer.